1. Management by objectives is implemented in an organization by stages, one such stage action planning, includes:
I. Assigning responsibilities for achieving objectives
II. Choosing strategies appropriate to the objectives
III. Allocating resources for achieving objectives
IV. Scheduling specific activities to achieve maximum resource utilization
Identify from th following combinations the correct sequence in which the action planning stages are implemented
(a) I, II, III, IV
(b) II, III, IV, I
(c) III, IV, I, II
(d) II, I, III, IV
Ans. (d)

2. What is BIS?
(a) Business Information System
(b) Business of Industrial Sale
(c) Bureau of Indian Standard
(d) None of the above
Ans. (c))

3. Match List-I (Activity) with List-Il (Associated organization) and select the correct answer by using the codes given below the lists:
List-I List-II
A. Mutual fund 1. Stock exchange
B. Public issue of capital 2. Assets management company
C. Forward trading 3. Merchant banking
D. Option pricing 4. Forex market
Codes:
A B C D
(a) 3 2 4 1
(b) 3 2 1 4
(c) 2 3 1 4
(d) 2 3 4 1
Ans. (d)

4. Which of the following are the methods of market new issues of securities?
I. Listing of securities
II. Jobbers and brokers
III. Private placement of securities
IV. Privileged subscriptions
Select the correct answer using the codes given below.
Codes:
(a) I and II
(b) II and III
(c) III and IV
(d) I, II, III, and IV
Ans. (c)

5. SEBI was established in:
(a) 1993
(b) 1992
(c) 1988
(d) 1990
Ans. (c)

6. Increase in net RBI credit for central government represents:
(a) Budgetary Deficit
(b) Revenue Deficit
(c) Fiscal Deficit
(d) Monetized Deficit
Ans. (d)

7. The famous book “The Philosophy of Management” was written by:
(a) Henry Fayol
(b) Oliver Scheldon
(c) F. W. Taylor
(d) Urwick
Ans. (b)

8. Arrange the following ingredients of communication process in the proper order:
1. Message
2. Receiver
3. Encoder
4. Channel
5. Decoder
(a) 1, 3, 2, 5, 4
(b) 1, 3, 4, 2, 5
(c) 3, 1, 4, 5, 2
(d) 3, 1, 2, 4, 5
Ans. (c)

9. Marginal Revenue will be negative if the demand is:
(a) Relatively elastic
(b) Unitary elastic
(c) Relatively inelastic
(d) Perfectly elastic
Ans. (c)

10. Price control; is one of the monopoly regulations which is most advantageous for:
(a) The producer
(b) The consumer
(c) The government
(d) The seller
Ans. (b)

11. Which one of the following is considered as the first principle of organization?
(a) Delegation
(b) Co-ordination
(c) Unity of command
(d) Supervision
Ans. (b)

12. Find the odd one out:
(a) Human relations theory
(b) Informal functioning
(c) Humanistic theory
(d) Structural theory
Ans. (d)

13. The real aim of production is:
(a) To create material goods
(b) To eliminate poverty
(c) To satisfy people’s wants
(d) To provide basic necessities.
Ans. (c)

14. At the point of inflexion, the marginal utility is:
(a) Increasing
(c) Maximum
(b) Decreasing
(d) Negative
Ans. (c)

15. “Production” may be defined as an act of:
(a) Creating utility
(b) Earning profit
(c) Destroying utility
(d) Providing services
Ans. (a)

16. The Scientific Management stressed upon:
1. Rationality
2. Specialization
3. Technical Competence
4. Predictability
Select the correct code:
(a) 1 and 2
(b) 1, 2 and 3
(c) 2, 3 and 4
(d) l, 2, 3 and 4
Ans. (d)

17. Arrange the Maslow’s Need Hierarchy in the descending order:
1. Social
2. Self-Actualization
3. Physiological
4. Ego
5. Security
(a) 3, 5, 1, 4, 2
(b) 3, 5, 1, 2, 4
(c) 2, 4, 1, 3, 5
(d) 2, 4, 1, 5, 3
Ans. (d)

18. According to which theory, leadership is multi dimensional?
(a) Behavioural Theory
(b) Situational Theory
(c) Trait Theory
(d) None of the above
Ans. (b)

19. Which of the following according to Hertzberg are not the motivators?
1. Responsibility
2. Recognition
3. Interpersonal relations
4. Work itself
Ans. (c)

20. The practice of placing a candidate at the right job is:
(a) Selection
(b) Placement
(c) Interview
(d) None of these
Ans. (a)